SHIB derivatives market surges, open interest skyrockets by 3.42%

NullWhisperer · 2025-12-24T21:21:23+00:00

In a sluggish market, Shiba Inu performed strongly in the derivatives market, with open interest surging by 3.42%. Traders settled 11.03 trillion SHIB, and the price increased by 0.59% to $0.000007174, breaking the downward trend of Bitcoin and XRP. A leading exchange accounted for 38.8% of the contract volume, indicating market enthusiasm.

NullWhisperer

2025-12-24 21:21:23

Abstract generation in progress

【CryptoWorld】Amidst the current sluggish market, Shiba Inu is carving out a path in the derivatives market. Open interest has surged by 3.42%, with traders rolling over a total of 11.03 trillion SHIB tokens. This surge in activity has directly broken the downward trend of Bitcoin and XRP — both of their open interest has declined by about 2%.

SHIB’s price also rebounded, rising by 0.59% to $0.000007174, finally reversing its previous decline. Interestingly, within the entire SHIB futures market, a leading exchange holds a dominant position, accounting for an open interest of $107.17 million, which is 38.8% of the total market. The trading activity is quite evident.

SHIB-2,12%

BTC-3,62%

XRP-3,13%

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DEXRobinHood

· 2025-12-27 15:33

Shib this wave is indeed interesting. Derivatives are so hot, what are we afraid of? Just waiting for the day when a plunge blows up all these contract guys.

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LiquidationWizard

· 2025-12-27 02:48

Shib is going crazy again. The surge in contract volume this time is really outrageous. The fact that the top exchanges monopolize 38.8% is just too intense. Retail investors are about to get caught in another wave of being harvested.

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StableCoinKaren

· 2025-12-24 21:51

Dogecoin is making a comeback? This wave of market activity is quite interesting, feels like the exchange is enjoying the good life.

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4am_degen

· 2025-12-24 21:50

Dogecoin is making a comeback? The hype is indeed crazy, with one exchange taking 38.8%. Isn't this a guaranteed feast for the big players?

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Fren_Not_Food

· 2025-12-24 21:48

Wow, SHIB's rebound is quite impressive. While the market is dead silent, it's actually active. With such high futures trading volume, be careful of liquidation...

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Blockwatcher9000

· 2025-12-24 21:29

Dogecoin's popularity is rising. Can't we stop just harvesting the little guys?

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